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Turnkey Corner Lot Retail Building

1900 Anderson Street Bristol, TN 37620

1900 Anderson Street, Bristol, TN, 37620
$135,000
For Sale
$135,000

COMMERCIAL - Bristol, TN

Property Size840 SF
Lot Size0.16 Acres
Price / SF$160.71
Days on Market51

Property Features for 1900 Anderson Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
B 1B
Parking
4
Standard status
Active
APN
020f B 02100 000
Size
840 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Annual Amount
295

Utilities

Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public

Building Details

Year built
1930
Building materials
Vinyl Siding
Roof type
Composition
Listing agency Property Executives Johnson City
Listed by Emma Ayala · License #385359
Added: Jun 1 Checked: Jul 21 at 3:06PM
MLS# 9996184

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained commercial building is offered for sale as-is and was previously operated as a salon. The property is described as turnkey, with equipment conveying, and includes flexibility to keep the current setup or reimagine the space for another use. The building sits on an approximately 73' x 94' corner lot with roughly 94 feet of frontage along Anderson Street, providing convenient customer access and ample on-site parking.

The property is zoned B 1B for commercial use. Public remarks indicate it is positioned just minutes from downtown Bristol and State Street, with steady foot and vehicle traffic nearby.

At approximately 840 square feet, this storefront-type commercial building is being marketed for a range of potential uses, including retail and service configurations such as a coffee shop, corner store, boutique, or professional office. The remarks also note the space could be converted into an affordable residential home, depending on buyer intent and verification of feasibility.

Key Highlights

  • Corner‑lot commercial building at 1900 Anderson Street with approximately 73' x 94' lot size (just under 0.16 acre).
  • About 94' frontage along Anderson Street plus ample on‑site parking for retail/service use.
  • Previously operated as a salon; building is sold as‑is with equipment conveying.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $12.6k $15.00
− Vacancy −$756 −$0.90
EGI $11.8k $14.10
− OpEx −$3.0k −$3.53
NOI $8.9k $10.58
840 SF · lease $15.00/SF/yr · vacancy 6.00% · expense 25.00%

Alternative Uses

Best Use
Retail
$185.4K
$162.2K – $216.3K (±1% cap)
NOI $12,979 @ 7.0% cap · market cap 9.61%
Second Best
Specialty Retail
$126.9K
$111.0K – $148.1K (±1% cap)
NOI $8,883 @ 7.0% cap · market cap 6.58%
Theoretical Best
Office A
$314.6K
$275.3K – $367.0K (±1% cap)
NOI $22,020 @ 7.0% cap · market cap 16.31%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Parking Lot & Garage HVAC Service Daycare Center (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Bakery Veterinary Clinic Acupuncture Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Bristol Wreath & Floral — Bristol, TN 37620
  • Kroger Floral — 31 Midway St, Bristol, VA 24201

FAQs

What type of property is this?
Storefront property - Well-maintained commercial building on a corner lot with on-site parking, sold as-is and previously operated as a salon.
Where is this storefront property located?
The property is located at 1900 Anderson Street Bristol, TN.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Corner‑lot commercial building at 1900 Anderson Street with approximately 73' x 94' lot size (just under 0.16 acre).; About 94' frontage along Anderson Street plus ample on‑site parking for retail/service use.; Previously operated as a salon; building is sold as‑is with equipment conveying.
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